Acceptance of Central Government Securities by Clearing Corporations towards Core Settlement Guarantee Fund (SGF) Contribution by Clearing Members

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..... owards Core Settlement Guarantee Fund (SGF) Contribution by Clearing Members 1) SEBI vide circular no. CIR/MRD/DRMNP/25/2014 dated August 27, 2014, specified the guidelines for Core Settlement Guarantee Fund, Default Waterfall and Stress Test for Clearing Corporations. 2) Based on the feedback received from the market participants and the recommendation of the Risk Management Review Committee of .....

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..... e of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market. 5) This circular is available on SEBI website at www.sebi.gov.in, under the category "Circulars". Yours faithfully, Sanjay Purao Deputy General Manager Divisio .....

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